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WTTC produces reports on the economic and employment impact of Travel & Tourism for 185 countries/economies and 26 geographic or economic regions in the world. These reports are a vital tool in helping to equip public and private sector bodies with hard evidence of the huge value Travel & Tourism brings to the economy…
From GCB: Sustainability is increasingly becoming the focus of event planners and participants alike. The value of personal encounters at business events remains unbroken – and more and more people are extending business trips for private purposes. These are some of the key findings of the new study “Portrait of European Meeting & Convention Travel”…
Envisioning Tourism in 2030 is a new research report developed to help policymakers and the tourism industry understand what a global, thriving, decarbonising tourism industry could look like by 2030 and through to 2050, when tourism and every other human activity must achieve net zero greenhouse gas emissions. From The Travel Foundation…
From Skift Meetings: Planners know how important it is to stay current with destination updates. Finding the perfect property that’s simply the right fit for a group is priceless. This guide gives planners a full overview of what’s new across destinations all around the globe. The latest Skift Meetings report highlights over 800 of the…
From Forbes: Inflation continues to have a major impact on the cost of travel, but it’s not hitting all cities equally. Some destinations are increasingly expensive, while others have actually seen average travel costs fall over the past few years. Forbes Advisor explored which U.S. cities have experienced the most significant cost increases in recent…
From Meetings International: The business travel industry has proven itself resilient as it moves into a new era of post-pandemic stabilisation. The 2024 forecast predicts global business travel spending will reach $1.48 trillion USD by the end of the year. Boosted by economic stability, pent-up demand and recovery momentum, spending is projected to surpass $2…
From City Destinations Alliance: The 20th edition of the City Travel Report by CityDNA (formerly known as the CityDNA Benchmarking Report) reveals a steady growth in European city tourism, as cities achieved an average increase of 13.7% in 2023. The report, featuring results from 117 European cities, showcases the remarkable progress made in the post-pandemic…
From Northstar Meetings Group: The latest Meetings Industry PULSE Survey, co-produced and sponsored by Cvent, reveals that high costs remain among planners’ most pressing concerns. However, the investment is wise: 78 percent of the 470 survey respondents say face-to-face gatherings are more valuable than other sales, marketing and business-development initiatives. Among other noteworthy findings: Optimism…
From Conference & Meetings World: Phocuswright, leading travel research firm, reports that the global travel market will grow 6-10% per year through 2026. The industry has now surpassed pre-pandemic levels, with a total spend in 2023 of $1.5tn. ‘Online travel’ was a recurring trend of the Phocuswright’s Global Travel Market Report 2024. The sector is…
From Modern Diplomacy: A new report from the World Travel & Tourism Council has revealed that business travel is set to surpass pre-pandemic levels this year, faster than previously predicted, to reach a record US$1.5TN. The rise of remote working during the pandemic had a disproportionate effect on corporate travel, compared to leisure travel, with…
From Incentive Travel Index: A joint initiative of the Incentive Research Foundation (IRF) and Society for Incentive Travel Excellence (SITE), the Incentive Travel Index (ITI) is the business events industry’s most authoritative study of the global incentive travel market and its impact on corporations, agencies and the supply chain in destinations. The Index is undertaken…
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